Intermixing 1031 & the Principal Residence Exclusion

In this 1031 FAQ video, Jeff Peterson talks about section 121, intermixing 1031 exchanges and the principal residence exclusion. Watch more 1031 educational videos here.

  • Start Your 1031 Exchange: If you have questions about principal residence exclusions, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

 

© 2016 Copyright Jeffrey R. Peterson All Rights Reserved

What Happens if I want to Cancel my 1031 Exchange?

In this 1031 FAQ video, Jeff Peterson talks about what to do if you want to cancel your 1031 exchange at any point after starting. Watch more 1031 educational videos here.

  • Start Your 1031 Exchange: If you have questions about starting and stopping 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

 

© 2016 Copyright Jeffrey R. Peterson All Rights Reserved

Tips for Title Closers Doing a 1031 Exchange

In this 1031 FAQ video, Jeff Peterson offers a few 1031 exchange tips for title closers. Watch more 1031 educational videos here.

  • Start Your 1031 Exchange: If you have questions about closing on a 1031 exchange, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

 

© 2016 Copyright Jeffrey R. Peterson All Rights Reserved

Earnest Money & Cash Proceeds in a 1031 Exchange

1031 cash proceeds

When a property is sold, is it possible to take any of the 1031 proceeds and use them for an earnest money deposit on the replacement property? Or do all of the 1031 proceeds from the exchange property need to go to the qualified intermediary? These are very good questions that we'll answer in this article.

Earnest Money & Cash Proceeds

Yes, we can use some (or all) of the 1031 funds to make earnest money deposits.  

Yes, some of the cash proceeds may go to the seller (typically at the time of closing), then this money (taxable boot) will trigger the recognition of the gain on the amount of cash received, but not on the funds that go to the qualified intermediary.

  • Start Your 1031 Exchange: If you have questions about earnest money and cash proceeds in a 1031 exchange, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

 

© 2016 Copyright Jeffrey R. Peterson All Rights Reserved

How do Exchanges of Delaware Statutory Trusts Work?

In this 1031 FAQ video, Jeff Peterson explains how exchanges of Delaware Statutory Trusts work. Watch more 1031 educational videos here.

  • Start Your 1031 Exchange: If you have questions about Delaware Statutory Trusts, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

 

© 2016 Copyright Jeffrey R. Peterson All Rights Reserved

Defer the tax. MAXIMIZE your gain.

Is a 1031 Exchange Right for Me? →